Market Update

Nikkei rose +1,20% after comments by Russian President Vladimir Putin eased worries about military action in Ukraine. We also saw a big bullish move in the U.S markets yesterday. It was so green and beautiful.

European shares are steady today and commodities like gold and oil is trading down today. It seems like the U.S markets will open up today. Not bad after the bullish race yesterday: Nasdaq was up +1,75%, while S&P 500 went up +1,53%. The DOW is trading at 16,395,88, up +227,85, which is up +1,41%. Wow!

It is difficult to predict the future for currencies and oil. That`s because it is all about politics. Investors don`t like war, and what Putin or Obama says or do will have a huge impact of the financial markets.

Reports today:

08:15 AM ET ADP Employment Report
10:00 AM ET ISM Non-Mfg Index
10:30 AM ET EIA Petroleum Status Report
02:00 PM ET Beige Book

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Advertisements

Leave a comment

Filed under Commodities, Stock market

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s